Zilo

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Overview

ZILO is a United Kingdom-based technology company, specializing in the development of software-enabled transfer agency systems for asset and wealth management. Founded in 2020, ZILO is headquartered in London. The company aims to be a market-leading solution provider in global asset management by facilitating the replacement of legacy software systems. As of recent reports, ZILO has successfully raised a total of $31.8 million over several funding rounds. Its notable recent funding was a Series A round led by Altered Capital.

Recent Developments

  • June 2025: ZILO is recognized for its pivotal role in transforming client management within the financial industry, focusing on reducing system complexity and costs while enhancing operational efficiency.
  • March 2025: ZILO announced a strategic partnership with Fidelity International, integrating its cloud-based transfer agency systems into Fidelity's private assets infrastructure, thereby setting a benchmark in modern asset management technology.
  • October 2024: ZILO closed its Series A funding round, although the exact raised amount wasn't disclosed, Altered Capital led the investment, marking a significant milestone in its growth trajectory.
  • January 2024: State Street Corporation onboarded ZILO's technology to support its re-entry into the UK transfer agency market, highlighting ZILO's robust, AI-enabled solutions designed for modern institutional needs.
  • 2024: The company expanded its employee base from a minimal count to over 150, showcasing rapid organizational growth and increased market influence.
  • 2022: ZILO continued to experience notable market traction despite having a minimal workforce, attributing success to its innovative software solutions for asset management.

Company Information

AttributeInformation
Founding DateApril 2020
HeadquartersLondon, England
FoundersInformation not found
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsAltered Capital, State Street
IndustryFinancial Software
Number of Employees154 (as of mid-2025)

Early History

Founded in 2020, ZILO emerged as a response to the growing demand for modernized, efficient financial software solutions. Initially, ZILO focused on creating a niche in the asset management industry, leveraging state-of-the-art technology to replace outdated systems with scalable, cloud-native platforms. The company's early growth was underscored by significant seed funding rounds driving the development of its pioneering software solutions. Despite initial challenges in breaking into a competitive market dominated by legacy systems, ZILO's innovative approach and adherence to security and compliance standards catalyzed its early success, paving the way for future expansions and strategic partnerships.

Company Profile and Achievements

ZILO primarily serves asset managers, custodians, and transfer agents, facilitating seamless book migrations with its innovative platform. Over years:

  • 2021-2023: Executed strategic funding that enabled it to enhance its service offerings and scale operations.
  • Technology: Introduced AI and machine learning applications within their software to ensure data integrity and operational efficiency, setting a new industry standard.
  • Partnerships: Established strategic relationships with key industry players such as Fidelity International and State Street Corporation, aiding in ZILO’s credibility and expansion.
  • Security: Achieved ISO 27001 certification, reinforcing its commitment to information security and data protection.
  • Recognition: Featured in numerous industry awards for innovation in technology and service delivery.
  • Strategic expansions: ZILO's agile infrastructure supports continuous adaptation to regulatory changes, improving its client's operational contexts significantly.

Current Operations and Market Position

ZILO has positioned itself as a critical player in the fintech domain by offering seamlessly integrated solutions for global asset management. With its base in London, ZILO serves a broad clientele, ensuring well-coordinated solutions that meet evolving market and regulatory demands. Its competitive advantage lies in its tailored, cloud-native software that's built for continuous scalability. Strategic initiatives include expanding its AI capabilities to further enhance its service offerings, ensuring high adoption rates among financial institutions. ZILO continues to target wider markets and reinforce its market presence by delivering consistent value and fostering robust partnerships with top-tier financial institutions.

Conclusion

ZILO stands as a transformative force within the asset management and financial technology space. By continuously adopting cutting-edge technological improvements, such as AI and machine learning, ZILO fortifies its commitment to enhancing client management systems across the globe. Its strategic partnerships and consistent innovation cultivate a promising trajectory, promising sustained growth and significant industry influence in upcoming years. Leveraging both investment and strategic initiatives, ZILO is well-positioned to spearhead new advancements in the management of funds and client assets, reinforcing its status as a vital component in the modern financial ecosystem.

References

  1. Zilo Official Website
  2. Tracxn Company Profile
  3. Pitchbook Company Overview
  4. Glassdoor Employee Insights
  5. LinkedIn Corporate Details
  6. Business Wire Article on State Street
  7. Crunchbase Profile
  8. UK Company House Information
  9. Passionate in Marketing Article